Asian Paints subsidiary will set up the manufacturing facility for Vinyl Acetate Ethylene Emulsion (VAE) and Vinyl Acetate Monomer (VAM) at Dahej, Gujarat.
Reliance Industries Ltd (RIL) has received environment clearance for expansion and debottlenecking of its Dahej petrochemical facility in Gujarat at a cost of Rs 13,250 crore.
Gaurang Shah of Geojit BNP Paribas prefers Petronet LNG for long term.
Sandeep Aggarwal, CFO of Insecticides India says the capacity utilisation from the Dahej unit would be around 75 percent and expect the unit to add to the financials of the company in a big way.